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Retirement Planning Calculator

Visualize your financial future. Use our calculator to determine exactly how much you need to save monthly to maintain your desired lifestyle after retirement.

USA ($) Mode
Years
1Y100Y
Years
1Y100Y
$
5010K
0.1%20%

Projected Corpus

$1,139,663
Est. Monthly Income$5,698
Total Invested$180,000
Wealth Gained$959,663

Wealth Breakdown

Why Retirement Planning Cannot Wait

Retirement might seem far away, but the magic of compound interest favors the early bird. The concept is simple: your money earns interest, and that interest earns more interest.

The earlier you start, the less you need to save per month to reach the same goal. Time is your greatest asset in building wealth.

Starting at Age 25

To reach $1 Million by age 60 (assuming 8% return), you only need to save roughly $500/month.

Starting at Age 40

To reach the same $1 Million goal by age 60, you would need to save over $1,700/month.

The Inflation Factor

It is not just about saving; it is about beating inflation. A million dollars today will not buy the same lifestyle in 20 years. This calculator helps you adjust for inflation so you can plan for your future purchasing power, not just a number on a screen.

The Wealth Building Formula

FV = P × [ ( (1+r)n - 1 ) / r ] × (1+r)

*Calculated as Annuity Due (Investment at start of month)

  • FV = Future Value (Retirement Corpus)
  • P = Monthly Investment
  • r = Monthly Interest Rate
  • n = Total Months until Retirement

The Cost of Delay

Waiting just 5 years to start saving can double the monthly amount required to reach the same retirement goal.

Inflation Impact

Lifestyle costs typically double every 10-15 years. Your plan must target a future corpus value, not today's value.

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Frequently Asked Questions

How much money do I need to retire comfortably?
A widely accepted guideline is the '25x Rule', which suggests you need to save 25 times your expected annual expenses. For example, if you need $40,000/year to live, you would aim for a portfolio of $1 million.
When should I start saving for retirement?
The best time is now. Due to the power of compound interest, starting in your 20s requires significantly less monthly saving than starting in your 40s to reach the same financial goal.
What is the 4% Rule?
The 4% Rule is a standard retirement withdrawal strategy. It suggests that you can withdraw 4% of your total portfolio in the first year of retirement (and adjust for inflation thereafter) with a high probability of your money lasting for 30 years.
How does inflation affect my retirement plan?
Inflation reduces your purchasing power over time. $1 million today will buy much less in 20 years. This calculator assumes your investments grow faster than inflation to generate 'Real Wealth'.

Disclaimer: This calculator provides estimates based on assumed rates of return and inflation. Actual returns will vary based on market conditions and tax laws. It does not constitute financial advice.